buy to let: meaning & examples

Meanings:

• 2.

  British EnglishUKspecializedfinancialMachine
  • A category of mortgage or loan product designed specifically for properties that will be let to tenants rather than occupied by the borrower as a primary residence.

  Examples

  Beta

  • He applied for a buy to let mortgage to finance the purchase of his rental property.

    Solicitó una hipoteca para comprar para alquilar para financiar la compra de su propiedad de alquiler.

  • Buy to let loans usually have different interest rates compared to residential mortgages.

    Los préstamos para comprar para alquilar suelen tener tasas de interés diferentes en comparación con las hipotecas residenciales.

  • The bank offers special buy to let products designed for landlords who rent out properties.

    El banco ofrece productos especiales para comprar para alquilar diseñados para propietarios que alquilan propiedades.

  • She is considering switching from a residential mortgage to a buy to let loan for her second home.

    Está considerando cambiar de una hipoteca residencial a un préstamo para comprar para alquilar para su segunda vivienda.

• 1.

  British EnglishUKneutralbusinessfinancialMachine
  • To purchase residential or commercial property with the primary intention of renting it to tenants in order to generate rental income or capital appreciation.

  Examples

  Beta

  • They decided to buy to let several apartments in the city center to generate steady income.

    Decidieron comprar para alquilar varios apartamentos en el centro de la ciudad para generar ingresos constantes.

  • Buying to let has become a popular investment strategy among young professionals.

    Comprar para alquilar se ha convertido en una estrategia de inversión popular entre los jóvenes profesionales.

  • After buying to let the property, they hired a management company to handle tenants.

    Después de comprar para alquilar la propiedad, contrataron una empresa de gestión para manejar a los inquilinos.